N26 Credit - How to get a loan in Spain

N26 Credit is a personal loan designed to help you finance private purchases or manage larger expenses. With N26, you can apply for a loan directly in your app, choose your preferred amount and repayment period, and receive the money quickly if approved.

Key features:

• Loan amounts from €1,000 to €15,000, based on your credit profile
• Repayment terms from 12 to 60 months
• Fixed interest rates based on your credit profile
• Transparent conditions and no hidden fees

Am I eligible for a loan?

To apply for N26 Credit in Spain, you must meet the following criteria:

• Be at least 18 years old
• Have an active N26 account with Spanish T&Cs and an ES IBAN
• Not have another active N26 Credit
• Your account is not subject to legal or compliance restrictions

Note: Eligibility is determined automatically based on internal and external information about your credit profile.

1. Open your N26 app and go to “Finances” tab.
2. Select “Credit” to see if you're eligible.
3. Choose your loan amount (from €1,000 to €15,000) and preferred repayment period (12–60 months).
4. Complete the application by answering a few questions about your finances and the purpose of the loan.
5. Review your offer – you’ll see the interest rate, monthly payment, and total cost.
6. Confirm and sign – if you accept the offer, read all the legal documentation and confirm with your PIN to finalize the application.

If approved, the money will be transferred to your N26 account, usually within 24 hours.

• Loan amounts: €1,000 – €15,000
• Repayment terms: 12, 24, 36, 48, or 60 months
• Interest rates: From 3.99% NIR (4.06% APR) to 12.90% NIR (13.69% APR), depending on your credit profile

Your exact rate and maximum amount based on your credit score will be shown in your personalized offer.

• Monthly repayments: Fixed monthly payments are automatically debited from your N26 account.
• Early repayment: You can repay your loan early at any time. There's a fee for early repayment, depending on the remaining term (see your contract for details).
• Cancellation: You have the right to cancel your loan within 14 days of signing the contract, with no penalty. Please contact us if you wish to cancel.

If you’re having trouble making your repayments, please contact us as soon as possible. Missing payments can lead to additional fees, impact your credit score, and may result in debt collection procedures.

• Data processing: Your application is assessed automatically based on your financial data and credit history, in line with Spanish and EU regulations.
• Challenging a decision: If your application is declined and you wish to challenge the decision, you can request a review by contacting us.

For more details, see our Privacy Policy (new tab).

Check our FAQ page for more information.

If you have questions or need assistance with your loan application, please contact us.

* This is a TAE representative example:

Suppose you take out a loan of €1,000 with a term of 24 months.

• The TIN (Tipo de Interés Nominal) is 8% per year.
• The TAE (Tasa Anual Equivalente), which reflects the total annual cost of the loan including any fees, is 8.3%.
• Your monthly installment would be €45.36 Each month, this amount is automatically debited from your N26 account.
• Over 24 months, you will repay the full €1,000 plus the total interest (€88,74), for a total repayment of around €1,088.74.
• No other fee apply.

TAE is the rate you should check when you compare different loan offers.